Defi Coin Price Prediction for Today, October 25: DEFCUSD is Recovering Steadily

Defi Coin Price Forecast: DEFCUSD is Recovering (October 25)

DEFCUSD is now trading in an ascending channel. DEFCUSD is recovering steadily, and should buyers interrupt sellers, the bullish pattern may increase the coin price to rise further to a $0.1000 high value which might possibly hit the $0.3000 supply trend line.

Key Levels:
Resistance Levels: $0.07500, $0.07600, $0.07700
Support Levels: $0.06600, $0.06500, $0.06400

DEFCUSD Long-term Trend: Bullish (4H Chart)
As an outcome of low bearish momentum, the DEFCUSD now trades in a general bullish trend. The buyers are hindering the market from smashing through the supply zones.

The market was propelled higher by the bulls until it reached a new high at the $0.06764 resistance mark above the moving averages as the 4-hourly session resumes today. This shows the level and the high impact of the buy investors on the crypto market.

Thus, if the bulls regroup and push higher, a steady rise above the mentioned supply value will accelerate the new correction phase to a significant key level in the supply area.

Further, the Defi Coin price may likely continue in the same bullish trend as the market is below the 20% range of the daily stochastic. So, the price could be ready very soon for a bullish pattern continuation. In this case, a significant level above the $0.3000 supply level might be tested soon in its higher time frame.

DEFCUSD Medium-term Trend: DEFCUSD is Recovering
The momentum on the medium-term time frame (1H) is undeniably bullish. This is clear as we can see price continues to make higher highs and higher lows.

The market price of Defi Coin which rises from the $0.06701 level to the $0.06764 high value above the two EMAs as the 1-hourly chart opens today, is an indication that the coin is actually traded by the buy traders, this also connotes more intraday gains for the buy investors.

The longer the price stays far above the mentioned level, the more pressure builds up to reach a key significant level at the upside. DEFCUSD is Recovering.

Further, continuation to the north is likely as the bulls are seen clustering around the coin market at the present. So we can expect a steady increase in the price of DEFCUSD to reach the $0.3000 resistance level as the journey up north continues in its short-term outlook.

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